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20130121
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more than expected in december, up half a percent. they ignored worries about higher taxes. consumption makes up 70% of the u.s. economic growth. the debt ceiling debate, presidential report card and quiet market rally. what does it mean for you money? joining us right now, jared bernstein, center on budget and policy priorities and chief economist to vice president biden. also with us, russ koesterich. thanks for joining us. >> thanks, maria. >> russ, let me kick it up with you. a pretty good rally. on thursday the s&p 500 hitting yet another five-year high. is this rally for real? do you think it's sustainable going forward as we continue through this earnings period? >> i think in the short term, it is. i think we're probably going to hit a road bump in february. the reason i say that is we've got a lot of flows coming into the market early in the year. people were nervous in december. they're coming back in to stocks. that's a good thing over the longer term. we do have some issues coming up. the debt ceiling obviously one of them. the second question is we start to get the economic
if you're filing your taxes online, pick the best tax software available... with h&r block at home. this is power software created by the tax experts at h&r block. and only h&r block software backs you up with free audit support and in person representation from a tax professional. file for free now at hrblock.com. ♪ made with only milk... cream... a touch of sugar... and pure natural flavors. ♪ who knew being natural could be so delicious? coffee-mate natural bliss. from nestle. add your flavor naturally. >> announcer: "today" at the golden globes is brought to you by l'oreal paris, because you're worth it. >>> the chance to host the golden globes arrival special gave us an opportunity to see a lot of the fashions up close and personal. we did that. >> we did. and here to break down the night we had julian ewe guiliana rans. you're the experts. >> good morning. >> why don't we give the guys a chance to start. >> oh, the men. >> always ignore them. >> it will turn out to be all about the women anyway, right? hugh jackman, what did you think of his out fit? >> i thought he was t
tax increases for the wealthy, he got those. his party is united but he faces a very difficult environment in washington and immediately after this inauguration, he is back in the brew of a fight over the debt and the fight over the gun legislation that he wants so it's a pretty toxic atmosphere here. >> you covered both terms of the second bush -- of the bush administration. what is the hard reality of a second term for a president? >> time moves quickly. you feel good. you put in the people you want. you have a different attitude of what you can accomplish. you don't have to run. you don't have to campaign anymore, and realize the window is short. the president's got big goals whether it's energy, immigration and he's in the trench warfare yet with republicans with a series of big stand 1y5u6s coming up, starting with the debt ceiling. all of this about the budget which could quickly overtake the second term. >> david gregory, thanks very much. i want to let folks know, tomorrow morning on "meet the press," david will be joined by senator chuck schumer of new york, head of th
playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental reasons. they are the largest public university to prohibit bottled water on campus. >>> to wall street, the dow opens at 13,507 after adding 18 yesterday. the s&p and nasdaq are both down. overseas the nikkei gained 77 points but the hang sell fell 31. nas dam and s&p slipped monday thanks to worries apple has gone sour. shares of the tech titan dipped below $500 for the first time in one year after reports the company cut orders for iphone parts due to weak demand. after the bell ben bernanke praised washington's fiscal cliff deal which he said probably would have caused a recession this year but cautioned, quote, we are not out of the woods yet. >>> a troubling new report finds more than one in four workers are dipping into retirement funds to keep up with their current bills. apparently folks in their 40s are most likely to do this. >>> some good news on the housing front. new numbers show home p
to take a loan from a 401(k). >> reporter: loans that result in penalties, taxes, and lost interest. people in their 40s are most likely to borrow against their 401(k)s, but the financial pressure doesn't end there. another new study by aarp shows that the older you are, the higher your credit card debt. >> for the first time, people over age 50 are having more credit card debt, $2,000 more, than people who are younger. >> reporter: and that debt makes it more likely they'll borrow against their 401(k). it's a vicious cycle. how to avoid it? experts say you need a rainy day fund that's not your 401(k), and start saving separately for retirement in your 20s so you have at least a year's salary at 35, three years at 45, and by retirement at 67, you should have put away at least eight times your final salary. six years after tapping out their iras, they are both working, and once again saving for retirement. >> we worked very hard to get to where we are today. >> reporter: determined to enjoy their golden years after learning some hard lessons. chris jansing, nbc news, new york. >>> we
are subjected to armed guards at their school. mr. obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and guns-free zones for ours. >> that's the ad. what do you think? we want to know. tweet us @earlytodaynbc. >> chuck hagel of nebraska may be getting closer to winning confirmation as defense secretary. he won the backing of two of the senate's strongest supporters of israel, senator chuck schumer are of new york and senator barbara boxer will vote to approve hagel. but senator inhofe says he and hagel have philosophical differences. >>> boeing's newest passenger jet the 787 dreamliner has been grounded by japan's leading airlines. it made an emergency landing in western japan. a cockpit message showed cockpit problems. japan airlines and all nip upon airways suspended all their dreamliner flights today. the faa says it's monitoring the incidents as part of a comprehensive review that the agency began last night. once safety checks are complete the planes could be back in the
your taxes online, pick the best tax software available... with h&r block at home. this is power software created by the tax experts at h&r block. and only h&r block software backs you up with free audit support and in person representation from a tax professional. file for free now at hrblock.com. try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. to say get well to your loved ones. ♪ this came for you, mommy. [ female announcer ] but it takes the touch of kleenex® brand, america's softest tissue, to turn a gesture into a complete gift of care. [ barks ] send your own free kleenex® care pack... full of soothing essentials at kleenex.com. kleenex®. america's softest tissue. >>> we are back now at 10 after 8 with today's professionals, here to break down the day's hottest headlines, star jones, donny deutsch, in for nancy, susie orman from cnbc's "the suze orman show." thank you, good morning. lance armstrong, tonight is the n
on "the voice" -- >> we'll have more on that in a couple of moments. >>> coming up, the tax that is back, making paychecks smaller. >>> michelle obama celebrates her birthday and the president's upcoming inaugural with a brand new do. first this is "today" on nbc. >>> coming up, the ceo of the charity lance armstrong founded speaks out. >>> and a dog that looks like a simpson's character? we'll introduce you to tuna, after your local news. pleasures can simply hurt. the sadness, anxiety, the loss of interest. the fatigue and aches and pains. depression hurts. cymbalta can help with many symptoms of depression. tell your doctor right away if your depression worsens, you have unusual changes in behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs includ
taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. but add some sauce, pepperoni and cheese and fold up the crescent dough...and presto! tuesday night just became crescent pizza pocket-tastic pillsbury crescents. let the making begin here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. >>> still ahead, hunting for pythons in florida. but first these messages. ases, plus a 50% annual bonus. and everyone but her likes 50% more cash, but i have an idea. do you want a princess dress? yes. cupcakes? yes. do you want an etch-a-sketch? yes! do you want 50% more cash? no. you got talent. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every
to 6 inches. we'll get your local weather after this message. when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. >> announcer: "today in the bay" weather is sponsored by bank of the west. >> 7:19 on wednesday morning. good morning. i'm christina loren. it's another cold start to the day. temperatures in the 20s and 30st. 28 in concord. 28 degrees in santa rosa to start. we are headed to the 60s. upper 50s bay side and at the coast today. we'll see temperatures climb as we progress through the end of the week. up to 68 degrees by the weekend. santa cruz getting warmer than that. mid 70s possible sunday. >>> and that's your latest forecast, guys. >> dylan, thank you very much. >>> crash course on what you should try to avoid touching as we enter the peak of this nasty flu season. >>> ryan seacrest up early, live in our studio. first, this is "today" on nbc. >>> coming up, one of the world's
&r block's second look, there's a lot of messed-up tax returns out there. people bring in old tax returns, and i'm like, "who did this to you?" you have a return. bring it in; i'll look at it for free. i'll go back three years. i'm going to get you every single deduction out there. get your free second look from h&r block now. >>> first lady, michelle obama, some shots from the last four years and her fashion wardrobe and the causes she has championed. she will continue to shape her legacy. here to discuss her influence and where that legacy may go, "new york times" correspondent and author of "the obama" jody cantor and it seems since the campaign trail in 2008, when we talk about michelle obama, for some reason, it seems to revert to fashion or what she is wearing or what she did with her hair. >> she has become almost a one-woman stimulus package for the american fashion industry. we haven't had a first lady since jacqueline kennedy who had such a following. she mixes the high and the low. she loves j. crew and the gap as much as she does narcico rodriguez. >> how important is that to
's messed-up tax second look,there. er smart. people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. with fancy feast mornings gourmet cat food. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. people have been daring them to clean up tough messes. [ phone ding! ] another dare. they're proving that viva doesn't play by the rules. dunk it again for the close-up. my fans think a paper towel can't handle this. ♪ that is tough when wet. at least the fame hasn't gone to their heads. [ peggy ] grab viva and break the rules on all your tough messes. the camera loves your mom. she's a natural. >>> u.s. presidents undoubtedly have one of most demanding jobs around. the "washington post" ran a sthier explained the stress -- story that explained the stress presidents face can make them age twice as fast. that makes you want to sign up for 2016. >> four years ago, look at w
forever. not really. you know what, there are all -- >> honey. taxes and herpes, you can count on, baby. >> forever. there are so many theory on why this didn't last. some are saying -- look at that face. some are saying she wanted more kids. he didn't. some say she wanted him to be around more, but he was doing his own thing. who knows? she has returned the $90,000 ring, and we'll all move on, allegedly. >> she's going to make some huge fat deal to do one of those major mega performance things in vegas. i heard a number like $100 million tossed around yesterday on the tv. >> are you kidding? >> let them come to you instead of you traveling. >> buy a house, get your kids in school, and you can live the life you want. >> what about the movies this weekend? what's doing well? >> "zero dark thirty." >> really? >> now that the buzz and jessica chastain will help. as far as talking purposes it's been out for a while, but it just opened up last week. it's a great film. well acted. everyone knows the story obviously of the capture of osama bin laden, but now it's a chance to go see it. >> do y
. a consumer advocacy group says if coca-cola is serious about helping reduce obesity it will stop soda taxes. good morning, mary. >> good morning to you, natalie. wall street is bracing for earnings season which begins in ernest this week. among the companies reporting six dow components. among those reporting a number of nation's big banks. ben bernanke adding his voice to the debate over the debt ceiling. he thinks congress should raise it. it doesn't mean the government will spend any more money, merely that it will pay the bills it's already incurred. >> all right. mary thompson of the new york stock exchange, thanks. for a look at what is trending, what has you talking online. go fish. less is more for this angler who doesn't bother with any fancy gear. >> oh, my gosh! oh! >> ouch. well, of course that big tarpon might think it was the one who scored the catch of the day. tommy lee jones cranky expression has gone viral. and a picture comparing him to grumpy cat, who must be thinking, finally, someone gets me. >>> stumping the kitty is not so easy not with kiddo the cat who has mastered
their fair share in taxes, but he's just another elitist hypocrite when it comes to fair share to security. protection for his kid and gun-free zones for ours. >> so the debate is that going too far? it's one thing to have your feelings about the second amendment and what that actually means, and it's another thing to drag the president's children into the debate. >> clearly, the president's kids are always a bigger target. >> no matter whether republican or democratic president. >> i still don't understand why there can't be a debate about the way we can still have weapons that are reasonable -- it shouldn't be about no guns or uzis. there's always talk about the slippery slope if you take away the uzi or ak, i know i'm not saying the right terms -- whatever those kind of guns are. >> assault rifles and machine guns. >> that somehow you won't be able to have a weapon to protect yourself in the home. i don't really get that. >> it's a huge debate. i believe in our constitution, i'm a huge constitutionalist, and i real you will believe everybody should have the right to bear arms. but when
Search Results 0 to 14 of about 15